150 Australian Ave Palm Beach, FL, 33480

13,900,000(-7.19% )
$12,900,000Price
5,031SqFt

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Size: 5,031 ft2 / 467 m2
Price: $2,564 ft2 / $27,600 m2
Built: 1910
MLS Number: R10991290
On Site: 215 Days
Updated: 34 Days ago
Page Views: 0
Opportunity awaits at this large 10,000+ sq. Ft. Property ideally located in-town on an ocean block of palm beach. Renovate the current structures, or tear down and build your dream home. Currently contains 7 total units; two quintessential palm beach cottages (one landmarked) and a 5 unit art deco multifamily building containing one 2 bedroom unit, three 1 bedroom units, and one studio. Also offers 4+ off-street parking spaces. Highly coveted and timeless location situated just steps to worth avenue, the ocean, and the best shops and restaurants in the area.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Patio
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Price History
08/29/2024

Date

Price Reduced

Event

$12.9M

Price

-7.19%

Change Rate

$2,564 ft2 / $27,600 m2

Price Per

05/29/2024

Date

Listed

Event

$13.9M

Price

$2,763 ft2 / $29,740 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Michael Melear • Douglas Elliman • Buyer Agency Compensation .

Instant Comparative Market Analysis
$2,200/ft²
$3,000/ft²
$3,800/ft²
$4,600/ft²

Unit 150 Australian Ave – Asking

$2,564/ft²

(-18%) from Closed Medium $/ft²

Closed Medium $/ft²

$3,125/ft²
Community $/Price Range (Closed) $2396/ft² – $4420/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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